The Great Resignation

What is The Great Resignation? The Great Resignation is an ongoing trend in the global labor market, particularly in the United States, which has seen millions of employees voluntarily leave their jobs starting in the spring of 2021. Also sometimes called The Big Quit or The Great Renegotiation, The Great Resignation is the result of several factors and has upended the U.S. job market. In January 2022 alone, more than 4.3 million Americans quit their jobs — continuing a trend that’s impacted the U.S. labor market since at least the spring of 2021. The Great Resignation has also corresponded with a surge in job openings in many economies, including the United States and the United Kingdom, starting in 2020 after the initial COVID-19 pandemic lockdowns and accelerating in early 2021.

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